Key facts
- Chinese President Xi Jinping is expected to meet U.S. President Donald Trump in Washington on Sept. 24.
- AI safety is expected to be a key topic of discussion between Trump and Xi.
- India's National Stock Exchange (NSE) plans to list on the Bombay Stock Exchange.
- The NSE's IPO is valued at 225.62 billion rupees ($2.3 billion).
- Vietnam's stock market is set for an upgrade to emerging-market status by FTSE Russell.
- The UN General Assembly's General Debate began in New York on Sept. 24.
Chinese President Xi Jinping is expected to visit Washington on Sept. 24 for a summit with U.S. President Donald Trump, marking their second meeting this year. The discussions are anticipated to cover the safety of artificial intelligence, a topic that has gained prominence following warnings from U.S. industry leaders. China, however, suspects these calls for a development slowdown are an attempt to curb its technological advancement.
In India, the National Stock Exchange (NSE), the country's largest bourse, is preparing for its public listing on its rival, the Bombay Stock Exchange. This move follows India's second-largest primary offering ever, valued at 225.62 billion rupees ($2.3 billion). The NSE, which has surpassed the Bombay Stock Exchange through technological innovation like fully electronic trading, is not permitted to list its own shares.
Globally, world leaders will convene for the UN General Assembly's General Debate, which begins Sept. 24 and runs through Sept. 28. The theme for this year's debate is "Restoring trust, managing transformation: A United Nations that delivers for all." Bangladeshi Foreign Minister Khalilur Rahman will preside over sessions that are expected to be influenced by ongoing conflicts in the Middle East and Ukraine.
Vietnam's President To Lam is also in North America for the UN General Assembly, using the trip to hold talks with the U.S. and visit Canada. This visit occurs as both Vietnam and Canada face trade tensions with the U.S. Furthermore, Vietnam's stock market is slated for an upgrade to emerging-market status by FTSE Russell, a move expected to attract billions in foreign investment for infrastructure development.